Living in Troy, IN
Troy, Indiana, is a serene small-town community known for its outdoor recreational opportunities and friendly atmosphere. It offers a peaceful living environment with easy access to nature and local amenities. Residents enjoy a slower pace of life and strong community bonds.
Current Market Conditions in Troy, IN
The real estate market in Troy, IN, has shown signs of steady growth over recent months, attracting both families and retirees looking for affordable housing options. The demand for homes in this rural area remains strong, with properties often selling quickly due to limited availability.
As the market continues to develop, prospective buyers can find a variety of properties, from modest single-family homes to larger estates, offering a range of prices that cater to different budgets.
Home Value Estimator For Troy, IN
There are currently 203 real estate properties
in Troy, IN,
with a median automated valuation model (AVM) price
of $160,286.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Troy, IN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Troy, IN,
is $199,424.00, with the most expensive house
in Troy, IN, topping out
at $600,550.00 and the cheapest home
in Troy, IN,
clocking in at $10,337.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Troy, IN!
Rent Prices
In Troy, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Troy, IN, is on
a rollercoaster ride. The
average rent price in Troy, IN,
is $1,065.00. Indeed, when looking to rent in
Troy, IN, you can expect to pay as little
as $620.00 or as much
as $1,660.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Troy, IN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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